We have purchased portable cabin for our site office. i should consider it as furniture or office equipment?
please advise.
Menu
Furniture or office equipment
Replies (5)
Hello mam,
It will form part of Furniture & fittings.
furniture only
ok. depreciation rate as per company act for furniture is 18.10% ?
Useful life for Furniture is 10 years as per Companies Act 2013. Which means the rates will be 9.5% under SLM and 25.89% under WDV method.
thank you.
Recent Threads
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
- Should we go under Section 59 of IBC or Section 27
Related Threads
CAclubindia
